US government shutdown: What is it and who would be affected?

US government shutdown: What is it and who would be affected?

Sept 22 (Reuters) – U.S. government services would be disrupted and hundreds of thousands of federal workers furloughed without pay if Congress fails to provide funding for the fiscal year starting Oct. 1. Workers deemed “essential” would remain on the job, but without pay. Many government agencies have not updated shutdown plans they have prepared … Read more

UK’s Zegona in talks to buy Vodafone’s Spain business

UK’s Zegona in talks to buy Vodafone’s Spain business

Tourists take a break next to a Vodafone store on a shopping street, in Ronda, Spain, June 2, 2023. REUTERS/Jon Nazca Acquire Licensing Rights MADRID/LONDON, Sept 22 (Reuters) – British telecom investment company Zegona (ZEG.L) said on Friday it was in talks with Vodafone (VOD.L) about a potential acquisition of the British telecom giant’s Spanish … Read more

US stocks end sharply lower, Treasury yields spike on hawkish Fed outlook

US stocks end sharply lower, Treasury yields spike on hawkish Fed outlook

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023. REUTERS/Brendan McDermid Acquire Licensing Rights Weekly jobless claims drop 9% FedEx gains on surprise profit beat Broadcom down on report Google to replace co as AI chip supplier NEW YORK, Sept 21 (Reuters) – Wall … Read more

Ryanair says EU minimum pricing on flights ‘politically impossible’

Ryanair says EU minimum pricing on flights ‘politically impossible’

Employees work on a Ryanair plane preparing to take off at the Rosalia De Castro airport in Santiago de Compostela, Spain June 24, 2022. REUTERS/Nacho Doce/File Photo Acquire Licensing Rights DUBLIN, Sept 21 (Reuters) – Ryanair (RYA.I) said on Thursday it did not see a risk of the European Union introducing minimum prices or compulsory … Read more

Klaviyo, Arm, Instacart wobble, raising doubts over IPO revival

Klaviyo, Arm, Instacart wobble, raising doubts over IPO revival

[1/2]A smartphone with a displayed Arm Ltd logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights NEW YORK, Sept 20 (Reuters) – Marketing automation firm Klaviyo’s (KVYO.N) shares closed well below their first-day high on Wednesday, while a slump in the stocks of Arm … Read more

Marketing automation firm Klaviyo’s shares set to jump up to 23%

Marketing automation firm Klaviyo’s shares set to jump up to 23%

Trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 30, 2023. REUTERS/Brendan McDermid Acquire Licensing Rights Sept 20 (Reuters) – Shares of Klaviyo (KVYO.N) were set to open up to 23% above their IPO price on Wednesday, giving the marketing automation company a potential valuation of … Read more

Boeing says China will need 8,560 new planes over next 20 years

Boeing says China will need 8,560 new planes over next 20 years

The Boeing logo is seen on the side of a Boeing 737 MAX at the Farnborough International Airshow, in Farnborough, Britain, July 20, 2022. REUTERS/Peter Cziborra Acquire Licensing Rights SHANGHAI, Sept 20 (Reuters) – U.S. planemaker Boeing (BA.N) said on Wednesday that it expects China to need 8,560 new commercial planes through 2042, driven by … Read more

KLM cancels flights over Azerbaijan due to Nagorno-Karabakh escalation

KLM cancels flights over Azerbaijan due to Nagorno-Karabakh escalation

Logo of Air France KLM Group is pictured on the first Air France airliner’s Airbus A350 during a ceremony at the aircraft builder’s headquarters of Airbus in Colomiers near Toulouse, France, September 27, 2019. REUTERS/Regis Duvignau/File Photo Acquire Licensing Rights AMSTERDAM, Sept 19 (Reuters) – Air France’s KLM said on Tuesday that it had cancelled … Read more

India-Canada relations: how could trade be affected as tensions rise? 

India-Canada relations: how could trade be affected as tensions rise? 

A mural features the image of late Sikh leader Hardeep Singh Nijjar, who was slain on the grounds of the Guru Nanak Sikh Gurdwara temple in June 2023, in Surrey, British Columbia, Canada September 18, 2023. REUTERS/Chris Helgren Acquire Licensing Rights NEW DELHI, Sept 19 (Reuters) – Trade talks between India and Canada have taken … Read more

Exclusive: Klaviyo leans towards raising IPO price range amid market euphoria

Exclusive: Klaviyo leans towards raising IPO price range amid market euphoria

NEW YORK, Sept 15 (Reuters) – Marketing automation firm Klaviyo Inc is in advanced discussions to raise the indicative price range of its initial public offering (IPO), people familiar with the matter said on Friday, as strong investor demand emboldens stock market hopefuls. Klaviyo, which is seeking an $8 billion fully diluted valuation at the … Read more